Call reports 2013
NEW CENTURY BANK — 2013
What NEW CENTURY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 24,221,000 | 24,447,000 | 23,914,000 | 24,535,000 |
| Total loans | 18,648,000 | 18,706,000 | 20,434,000 | 20,569,000 |
| Allowance for loan losses | 323,000 | 308,000 | 313,000 | 319,000 |
| Securities available for sale | 404,000 | 407,000 | 410,000 | 413,000 |
| Securities held to maturity | 1,110,000 | 1,045,000 | 832,000 | 677,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,814,000 | 21,134,000 | 20,491,000 | 21,098,000 |
| Interest-bearing deposits | 17,877,000 | 17,989,000 | 17,236,000 | 17,714,000 |
| Noninterest-bearing deposits | 2,937,000 | 3,145,000 | 3,255,000 | 3,384,000 |
| Equity capital | 2,663,000 | 2,562,000 | 2,649,000 | 2,724,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 738,000 | 1,134,000 | 1,544,000 |
| Interest expense | 36,000 | 71,000 | 107,000 | 143,000 |
| Net interest income | 321,000 | 667,000 | 1,027,000 | 1,401,000 |
| Noninterest income | 98,000 | 210,000 | 314,000 | 467,000 |
| Noninterest expense | 350,000 | 723,000 | 1,093,000 | 1,473,000 |
| Provision for loan losses | 5,000 | 9,000 | 14,000 | 20,000 |
| Pretax income | 64,000 | 145,000 | 234,000 | 375,000 |
| Income tax | 4,000 | 11,000 | 15,000 | 18,000 |
| Net income | 60,000 | 134,000 | 219,000 | 357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,663,000 | 2,562,000 | 2,649,000 | 2,724,000 |
| Total capital | 2,879,000 | 2,777,000 | 2,887,000 | 2,961,000 |
| Risk-weighted assets | 17,688,000 | 17,692,000 | 19,495,000 | 20,716,000 |